Islamorada Restaurant Opportunity For
81901 Overseas Highway Upper Matecumbe Key, Islamorada, FL 33036
COMMERCIAL - Upper Matecumbe Key Islamorada, FL
Property size:
4,942 SFLot size:
0.38 AcresPrice / SF:
$445/SF- Added:
- Aug 23, 2025
- Days on Market:
- 273
- Last Refresh:
- May 22 at 1:06 pm
Property Features for 81901 Overseas Highway Upper Matecumbe Key
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- VC - Village Center
- Bathrooms
- 2
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2
- Appliances
- Refrigerator, Range
- Standard status
- Active
- APN
- 00400070-000000
- Size
- 4,942 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LT 1 SQR 8 STRATTONS SUBD PB 2-38 UPPER MATECUMBE G24-94 G36-381 OR420-867 OR727-468 OR760-107 OR776-430 OR953-356/57 OR
- Tax Annual Amount
- 13478
Building Details
- Year built
- 1947
- Building materials
- CBS, Combo Construction
Listing agent Gregory Dully License #3420625 (305) 900-4232
Listing office RE/MAX All Keys Real Estate 98880 Overseas Hwy., Key Largo, FL (305) 451-0060
Listing date Aug 23, 2025
MLS# 616246
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime commercial location on Overseas Highway in Islamorada with high visibility and traffic exposure.
- Includes a 160‑seat restaurant and a valuable 5COP liquor license.
- Zoned Village Center (VC) offering flexibility for various commercial uses.
- Ample customer and employee parking available.
- Located in a desirable X flood zone.
- Turnkey restaurant opportunity as the former Islamorada Shrimp Shack, featured on Food Network.
Overview
This commercial property is located in the heart of Islamorada, offering visibility along the Overseas Highway. Situated on the corner of Overseas Highway and Blackwood Drive, the site benefits from traffic exposure, curb appeal, and accessibility for locals and visitors traveling through the Florida Keys. The property is located in close proximity to resorts, shopping, and the Morada Way Art District. The building has a total area of 4,942 square feet and is situated on a 16,746 square feet lot. Ample parking is available for customers and employees in the front, side, and rear of the property. The property includes a 160-seat restaurant and a 5COP liquor license. Zoned Village Center (VC), the site offers flexibility for a range of commercial uses. The property is located in a desirable X flood zone. Currently home to the Islamorada Shrimp Shack, the property presents a unique opportunity to continue a restaurant tradition or redevelop into a new commercial concept.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Map
- City
- Islamorada
- County
- Monroe
- State
- Florida
- Longitude
- -80.7192
- Latitude
- 24.8649
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Iconic restaurant property with high visibility and redevelopment potential.
Where is this conventional restaurant located?
The property is located at 81901 Overseas Highway Upper Matecumbe Key Islamorada, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Prime commercial location on Overseas Highway in Islamorada with high visibility and traffic exposure.; Includes a **160‑seat restaurant** and a valuable **5COP liquor license**.; Zoned Village Center (VC) offering flexibility for various commercial uses.
